FY2027 Small Area FMR · Palm Coast, FL

ZIP 32164 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 32164 (Palm Coast, FL) is $1,790 a month, down 2.7% from FY2026. That is 2% above the Palm Coast, FL area-wide FMR of $1,758.

2-bedroom SAFMR$1,790per month ▼ 2.7%

Area-wide 2 BR FMR$1,758Palm Coast, FL

Rank in the area3rdof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,611

2 BR Small Area FMR$1,790

110% of SAFMR$1,969

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,350▲ 3.8%

1 BR$1,400▼ 4.1%

2 BR$1,790▼ 2.7%

3 BR$2,400▼ 4.4%

4 BR$2,630▼ 7.7%

FY2027 FY2026

Where 32164 sits in the Palm Coast, FL area

Of the 11 ZIP codes HUD lists for the area, 32164 has the 3rd highest two-bedroom Small Area FMR. Palm Coast, FL is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,758 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,790 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,350	$1,215 – $1,485	$1,326	$1,300
1 bedroom	$1,400	$1,260 – $1,540	$1,376	$1,460
2 bedrooms	$1,790	$1,611 – $1,969	$1,758	$1,840
3 bedrooms	$2,400	$2,160 – $2,640	$2,361	$2,510
4 bedrooms	$2,630	$2,367 – $2,893	$2,581	$2,850

A household renting a two-bedroom home at the Small Area FMR of $1,790 needs about $71,600 a year to keep housing costs at 30% of income. The area median family income is $114,500 and the 80% low-income limit for four people is $83,450. ZIP code 32164 lies mainly in Flagler County. See the Palm Coast, FL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
32136	Flagler Beach	4.1 mi	$1,630
32137	Palm Coast	6.5 mi	$1,880
32110	Bunnell	8.8 mi	$1,630
32176	Ormond Beach	13.9 mi	$1,730
32174	Ormond Beach	14.3 mi	$1,630
32145	Hastings	18.3 mi	$1,280

Questions

What is the Fair Market Rent for ZIP code 32164?

HUD's FY2027 Small Area Fair Market Rents for 32164 are $1,350 (studio), $1,400 (1 BR), $1,790 (2 BR), $2,400 (3 BR) and $2,630 (4 BR) a month.

What is the Section 8 payment standard in 32164?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 32164 that range is $1,611 to $1,969 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 32164?

The FY2026 income limits of the Palm Coast, FL area apply: median family income $114,500, low-income (80%) limit $83,450 for a family of four.